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Description: In this book, Keynes put forward a theory based upon the notion of aggregate demand to explain variations in the overall level of economic activity, such as were observed in the Great Depression. The total income in a society is defined by the sum of consumption and investment; and in a state of unemployment and unused production ...
Absence rate – Accountancy – Accounting reform – Actuary – Adaptive expectations – Adverse selection – Agent (economics) – Agent-based computational economics – Aggregate demand – Aggregate supply – Agricultural policy – Appropriate technology – Arbitrage – Arrow's impossibility theorem – Asymmetric information ...
The Top Five Journals in Economics are the five academic journals that are considered to be the most prestigious journals in economics. The journals in question are The American Economic Review , Econometrica , the Journal of Political Economy , the Quarterly Journal of Economics , and the Review of Economic Studies .
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
The following is a list of scholarly journals in economics containing most of the prominent academic journals in economics. Popular magazines or other publications related to economics , finance , or business are not listed.
Agent-based computational economics (ACE) is the area of computational economics that studies economic processes, including whole economies, as dynamic systems of interacting agents. As such, it falls in the paradigm of complex adaptive systems .
The economics of information has recently become of great interest to many - possibly due to the rise of information-based companies inside the technology industry. [13] From a game theory approach, the usual constraints that agents have complete information can be loosened to further examine the consequences of having incomplete information.
In socialist economic systems , production for use is carried out; decisions regarding the use of the means of production are adjusted to satisfy economic demand; and investment is determined through economic planning procedures. There is a wide range of proposed planning procedures and ownership structures for socialist systems, with the ...